Product Code: GVR-1-68038-844-2
Healthcare Satellite Connectivity Market Growth & Trends:
The global healthcare satellite connectivity market size is expected to reach USD 13.31 billion by 2030, expanding at a CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Globally, rising adoption of eHealth & other services and growing usage of technology platforms by hospitals & medical providers are crucial factors that boost the market growth.
Several governments are working toward providing improved basic medical facilities in rural areas with a key focus on improving connectivity infrastructure in healthcare and provision of enhanced care services. Some of the players in satellite connectivity are also undertaking projects in order to enhance healthcare provisions in underserved regions. For instance, Satellite Applications Catapult, a satellite technology company has collaborated with the Cayetano Heredia University in Northern Peru to improve medical services in the remote areas of Amazonia by providing enhanced connectivity solutions for mobile healthcare facilities along with the usage of eHealth and mHealth solutions.
Furthermore, the increasing pressure on medical facilities due to reduced budgets, ageing population, increasing number of patients with chronic conditions, shortage of adequately trained medical staff & doctors, lack of proper infrastructure in rural areas, and growing demand for real-time distance learning, telemedicine, and video services of higher quality are some of the other factors contributing to the growing adoption of satellite technology in healthcare. According to the Federal Communications Commission, rural areas are underserved by terrestrial broadband services as compared to urban areas. In 2016, 20 % did not have access to services at even 4 Mbps/1 Mbps and 31 % lacked access to 10 Mbps/1 Mbps broadband services. Provision of high-speed satellite technology would be a key solution to eliminate this geographic barrier and offer superior medical facilities.
Healthcare Satellite Connectivity Market Report Highlights:
- The system & software segment held majority of market share amongst the component segment in 2023 due to growing demand for data analytics in the healthcare sector.
- eHealth was the dominating application segment in 2023 due to growing government initiatives promoting integration of technology in healthcare.
- Hospitals & Clinics were the dominating end-use segment in 2023 with a share of 65.8% owing to the rising adoption of technology platforms for delivering medical care.
- Fixed satellite services (FSS) dominated the market and accounted for a share of 78.9% in 2023.
- The Asia Pacific market is expected to witness lucrative growth over the forecast period owing to the improving infrastructure and increasing patient pool.
- Key players include Inmarsat plc; Hughes Network Systems LLC, SES S.A., X2nSat, Expedition Communications, Globalstar, Eutelsat.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Healthcare Satellite Connectivity Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Healthcare Satellite Connectivity Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Healthcare Satellite Connectivity Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Healthcare Satellite Connectivity Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Medical Devices
- 4.3.1. Wearable External Device Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Implanted Medical Device Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Stationary Medical Device Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. System & Software
- 4.4.1. Remote Device Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.2. Network Bandwidth Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.3. Data Analytics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.4. Application Security Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.5. Network Security Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. System Integration Services Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
- 4.5.2. Consulting, Training & Education Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5.3. Support & Maintenance Services Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Healthcare Satellite Connectivity Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Healthcare Satellite Connectivity Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Telemedicine
- 5.3.1. Telemedicine Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Clinical Operations
- 5.4.1. Clinical Operations Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Connected Imaging
- 5.5.1. Connected Imaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Healthcare Satellite Connectivity Market: Connectivity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Healthcare Satellite Connectivity Market: Connectivity Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Mobile Satellite Services (MSS)
- 6.3.1. Mobile Satellite Services (MSS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Fixed Satellite Services (FSS)
- 6.4.1. Fixed Satellite Services (FSS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Healthcare Satellite Connectivity Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Healthcare Satellite Connectivity Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Clinical Research Organization
- 7.3.1. Clinical Research Organization Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Hospitals & Clinics
- 7.4.1. Hospitals & Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Research & Diagnostic Laboratories
- 7.5.1. Research & Diagnostic Laboratories Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Others
- 7.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Healthcare Satellite Connectivity Market: Regional Estimates & Trend Analysis
- 8.1. Healthcare Satellite Connectivity Market Share, By Region, 2023 & 2030 (USD Million)
- 8.2. North America
- 8.2.1. North America Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Saudi Arabia Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. UAE
- 8.6.3.1. UAE Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Healthcare Satellite Connectivity Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles
- 9.4.1. X2nSat
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. Inmarsat Global Limited
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Hughes Network Systems, LLC
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. SES S.A.
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. Expedition Communications
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. Globalstar
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. EUTELSAT COMMUNICATIONS SA
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. DISH Network L.L.C.
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Recent Developments/ Strategic Initiatives
- 9.4.9. Nigado Network
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Recent Developments/ Strategic Initiatives